Arconic announces closing of $300 million of additional notes offering

Pittsburgh--(business wire)--arconic corp. (nyse: arnc) (“arconic” or “the company”) announced today that it closed its offering of an additional $300 million aggregate principal amount of the company's 6.125% senior secured second-lien notes due 2028 (the “additional notes”). the additional notes were sold at 106.25% of par and the company expects net proceeds of approximately $314 million. chief executive officer tim myers said, “we remain committed to reducing our legacy pension obligations
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